Lawrence A. Cunningham

This remarkable book illustrates how forces that are unique to today's market, including electronic day trading, an overvalued IPO market, and computer-based stock exchanges are leading to an increasingly wide gap between price and value. It then explains how to close that gap, and find underpriced stocks poised to recover their value, by using the business analysis approaches and insights of Benjamin Graham and Warren Buffett.

Chronicles the origins of the company and its relentless pioneering of open markets everywhere in the world, with riveting vignettes of how AIG grew from a modest group of insurance enterprises in 1970 to the largest insurance company in world history. The authors illustrate AIG's distinctive entrepreneurial culture and how its outstanding employees worldwide helped pave the road to globalization.

The author's annual letters to the stockholders of Berkshire Hathaway are edited to present the main themes regarding business, investing, price, value, corporate governance, and other important topics.

Selections from recently published writings of Boston College Law School faculty.

Value investing is one of today's most talked-about investing strategies, with everyone from The Wall Street Journal to TheStreet.com weighing in on its proven track record of success. But what exactly is value investing? And what do you need to know to start putting it to work in your portfolio?Lawrence Cunningham is one of today's leading authorities on value investing. In What Is Value Investing? he provides you with the knowledge and tools you need to make value investing a profitable part of your financial strategy, showing you how to:Measure the true value of a stock, not the value given to it by an emotion-driven marketplace Uncover and avoid companies that look impressive but hide serious problems Invest only in companies that fall within your "circle of competence"--products and companies you truly understand Use the eight key rules of value investing to screen every stock for value before you add it to your portfolio Value investors don't simply buy low-priced shares; they invest in solid, proven companies. What is Value Investing? will give you the knowledge to become a successful value investor who insists on investing only in high-quality, time-proven companies and getting them for pennies on the dollar. Lawrence Cunningham is a professor of law and business at Boston College. The author of Outsmarting the Smart Money and How to Think Like Benjamin Graham and Invest Like Warren Buffett, Professor Cunningham has been featured in publications from Forbes to Money and on networks including CNBC, CNN, and PBS.